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Real Estate Blog for Palo Alto, Mountain View, California, and Surrounding Communities

Blog by Lynne Mercer
Palo Alto, California

Selling real estate in the mid San Francisco peninsula is unlike selling real estate in any other area. Just as the geographical area is famous for its microclimates, the real estate landscape has its own microclimates, each with its own idiosyncracies. An experienced agent will be in tune with the subtle variations from one subarea to another. But it is always changing. In this blog I will attempt to capture some items of interest to buyers and sellers alike, and to have some fun as well (see ""Fun Stuff"). If you have information you would like to have posted on this website, please email your suggestios to Lmercer@Lmercer.com.

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Real Estate Blog for Palo Alto, Mountain View, California, and Surrounding Communities

HOUSING AND THE UPCOMING ELECTIONS

Oct. 23, 2006
Categorized in: Current Exhibits

November is election month, and there are issues on the ballot that are directly related to housing issues.

One of these, proposition 88, would impose a fixed $50 tax on most real estate property parcels in California to fund public schools in kindergarten through grade 12. Certain elderly and disabled homeowners may be exempt.

Proposition 90 seeks to bar state and local government from condemning or damaging private property to promote other private projects or uses. It seeks to regulate the definition of “just compensation” if a property is condemned or taken by eminent domain, and it seeks to limit government’s authority to adopt certain land use, housing, consumer, environmental, and workplace laws and regulations except when necessary to preserve public health or safety. (Note, the initiative, if passed, applies to all types of private property such as cars, buildings, etc., not just lands or homes).

Proposition 1C would authorize the state to sell bonds to finance affordable housing projects.

These issues are complex and the decision to vote for against each one will require a commitment of considerable time for the conscientious voter. Still, I encourage every responsible citizen to sit down and read not just the pro and con arguments, but the proposition itself, as there will be language in there that the pro and con writers will either choose to ignore or to take out of context.

I can not presume to advise you how to vote. Everybody must vote according to his or her own conscience. Personally I get angry to think that ordinary citizens are being asked to make decisions that we really are not qualified to make. That is what we pay our legislators to do for us. However, it always seems to come down to this and it cannot be ignored. The issues are way too important, so please, do vote and please do vote responsibly.